WALTER RUSSELL MEAD: India, China in Economic Warnings: Eurofail Damages World. “Europe may or may not save the euro. But the costs of the euro, and of the frantic efforts being made to sustain it, are making the world a nastier and poorer place.”

Relax, guys. The Euro is safe. I exchanged my last few hundred Euros, which I’d been holding against a possible trip to France in the spring. Expect the Euro to take off any day now.